Established Retail Business For
For Sale
$575,000
202 N Main St N, Taylor, TX 76574
Retail property with established business, excellent location, available for sale.
Property Size2,160 SF
Lot Size0.07 Acres
Days on Market164
Property Features for 202 N Main St N
General Information
Standard status
Active
Size
2,160 SF
Lot size
0.07 Acres
Property subtype
Commercial
Taxes and HOA fees
Annual Taxes
$7,377
Building Details
Building Size
2,160 SF
Year Built
1900
Listing Agency:
(512) 947-5713
Listed By:
Bo Brasfield
(512) 947-5713
Source:
Elliman
Added: Mar 12
Changed: Aug 19
Last Checked: Aug 21 at 9:06AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Bo Brasfield
Investment Insights
Based on property information with market context.
This commercial property, suitable for storefront or retail use, is available for sale. It features a new Dura Last rubber roof, replaced in 2024 and under warranty. The central heat and air system was updated in 2022. Recent lighting and fixtures have been installed, along with dropped ceilings and new floor covering. A new exterior front awning was replaced in 2022. The property benefits from an established business and an excellent location with walk-in traffic. The lease will be available on February 15th 2026.
Key Highlights
- Established business in an excellent location with walk‑in customer traffic.
- New Dura Last Rubber Roof (2024) with Warranty.
- Central heat and air installed in 2022.
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$38,034
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
6.61%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$760,680
$760.7K
Cap Rate 7%
$543,343
$543.3K
Cap Rate 9%
$422,600
$422.6K
Market Conditions
NOI Build-Up for 2,160 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$56.2K $26.04/SF
− Vacancy
−$1.9K −$0.89/SF
EGI
$54.3K $25.15/SF
− OpEx
−$16.3K −$7.55/SF
NOI
$38.0K $17.61/SF
Area
Williamson County, TX
Vacancy
3.40%
Lease Rate
$26.04 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$760,680
Cap Rate 7%
$543,343
Cap Rate 9%
$422,600
Alternative Uses
Best Use
Retail
$543.3K
$475.4K – $633.9K
NOI $38,034 @ 7.0% cap · market cap 6.61%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$902.9K
$790.1K – $1.05M
NOI $63,205 @ 7.0% cap · market cap 10.99%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
621
Businesses Nearby
12k
Monthly Visits Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 85%
Groceries 15%
Shell
Shops & Services
6,352 visits/mo
0.3 miles
Citgo
Shops & Services
2,661 visits/mo
0.3 miles
King's Liquor
Groceries
1,687 visits/mo
0.3 miles
City National Bank
Shops & Services
930 visits/mo
0.1 miles
Demographics for 76574, TX
19,366
Population
8,458
Households
2.3
Avg Household Size
40
Median Age
20%
College-Educated
86%
High-School Grad
149.0 sq mi
ZIP Area
130
Density / Sq Mi
$72,805
Median Household Income
$40,994
Median Earnings
$1,167
Median Rent
$252,000
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
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Frequently Asked Questions
What type of property is this?
Storefront property - Retail property with established business, excellent location, available for sale.
Where is this storefront property located?
The property is located at 202 N Main St N Taylor, TX.
What is the asking price?
The asking price for this property is $575,000.
What are key features of this property?
This property features: Established business in an excellent location with walk‑in customer traffic.; New Dura Last Rubber Roof (2024) with Warranty.; Central heat and air installed in 2022.
